Press release
Modified Bitumen Membrane Market Analysis of Major Segments and Future Opportunity Assessment 2021-2027 |Soprema Group, Sika, Fosroc, GAF, Icopal Group, TehnoNICOL
The Modified Bitumen Membrane Market Report 2021-2027 provides global market size, regional and national level market size, market segment growth, market share, competitive landscape, sales analysis, influence of domestic and global market participants, and value chain Detailed analysis of optimization, trade regulations, latest developments, opportunity analysis, strategic market growth analysis, product launches, regional market expansion and technological innovation.Modified Bitumen Membrane Market refers to the protection of the economy’s assets, systems and networks, including communications, emergency services, energy, finance, food, government and public services, from threats and damage, which is essential for the operation of the country.
In accordance with the Modified Bitumen Membrane Market is set to grow at a CAGR of 6.87 % over the forecast period (2021-2027).
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Leading companies in the global Modified Bitumen Membrane market.
Soprema Group, Sika, Fosroc, GAF, Icopal Group, TehnoNICOL, Polyglass, Imperbit Membrane, General Membrane, Carlisle, Modern Waterproofing, ChovA, Bauder, ARDEX Group, Henkel Polybit, Renolit, Tegola Canadese, Index, Hansuk, Schluter-Systems, Protecto Wrap, Grace, Colas, Vetroasfalto, Tamko, Multiplan Yal?t?m, Oriental Yuhong, CKS, Hongyuan Waterproof, Tangshan Desheng
INDUSTRY NEWS
1 Sika is acquiring JMTexsa, S.A. de C.V. of Mexico and Texsa India Ltd, two leading manufacturers of waterproofing membranes. Sika has signed an agreement to this effect with the French industrial group Soprema. The acquisitions strengthen Sika’s growth strategy and accelerate the expansion in emerging markets. The companies being acquired generated annual sales of CHF 23 million in 2012 and have 100 employees.
2 Construction chemicals group Fosroc has announced the acquisition of a majority shareholding in Idea Kimya, a cement additives company from Turkey. Idea Kimya manufactures and sells cement additives and concrete admixtures and has two manufacturing facilities in Turkey. It is a market leader in Turkey and also serves the Middle East. Fosroc is based in Dubai and operates 20 manufacturing plants. It trades in Europe, the Middle East, India, Central Asia, the Far East and Africa, offering a complete range of construction chemicals products and solutions for the construction industry.
MARKET OVERVIEW
On the flipside, the risk of fire during installation due to unskilled labors is expected to hinder the growth of the market particularly in developing economies.
North America is dominated the market and is expected to expand at a healthy rate during the forecast period.
The report based on the type of Modified Bitumen Membrane market is broken down:
Sheet Based Waterproofing Membrane
Liquid Applied Membranes
On the basis of segmentation by application, the key Modified Bitumen Membrane market can be subdivided into:
Roofing
Walls
Building Structure
Tunnel & Landfills
Other
Regional Outlook of the Modified Bitumen Membrane market:
Global Modified Bitumen Membrane Market is further classified on the basis of region as follows:
North America (United States, Canada), Market size, Y-O-Y Growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
REGIONAL ANALYSIS
Asia-Pacific to Dominate the Market
Increasing road construction and repair activities in Asia-pacific is boosting the demand for modified bitumen market.
China, India, and Japan are the three key countries propelling the demand for modified bitumen in the region
For instance, in China, the government planned to increase infrastructure investment, in order to ensure the stability of its sagging economy. According to the report represented in the annual session of the National People’s Congress in March 2019, CNY 1.8 trillion of investment was planned for road construction and waterways projects.
In India, investments of USD 31,650 billion were proposed for 99 cities under their smart cities plan. Around 100 smart cities and 500 cities are likely to invite investments worth INR 2 trillion in the next five years.
Highlights of the Modified Bitumen Membrane Market
Quantitative market information and forecasts of the global Modified Bitumen Membrane Market industry by type, end use, and geographic region.
Expert analysis of key technology, demographic, economic and regulatory factors that will promote the development of Modified Bitumen Membrane Market until 2027.
Market opportunities and new investment proposals.
Growth prospects among emerging countries by 2027.
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The report provides a summary of the important functions and key Modified Bitumen Membrane market:
Detailed Modified Bitumen Membrane market overview
The report provides a precise analysis of changing competitive dynamics.
In-depth market segmentation by type, application, etc.
Historical, current and projected market size in terms of volume and value.
Recent industry trends and developments.
The competitive landscape of the cyber security market for key Modified Bitumen Membrane .
Key players and product strategy.
Potential and segmented markets/regions are showing considerable growth.
Finally, the key Modified Bitumen Membrane market report is a reliable source of market research that will accelerate your business exponentially. The report also proposes a new task SWOT review, speculative accessibility investigation and risk-reward investigation.
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